Hong Kong's economic growth is forecast to improve this year, driven by domestic demand and sustained increase in infrastructure and construction activities, Financial Secretary Paul Chan said in his 2017-18 budget speech on Wednesday. The economy is projected to grow 2-3 percent this year compared to a moderate growth of 1.9 percent in 2016.
Ifo business confidence survey from Germany and quarterly national accounts from the UK are the major reports due on Wednesday.
The total value of construction work done in Australia fell a seasonally adjusted 0.2 percent on quarter in the fourth quarter of 2016, the Australian Bureau of Statistics said on Wednesday - standing at A$46.263 billion.
That missed forecasts for an increase of 0.5 percent following the upwardly...
The dollar is holding onto slight gains against all of its major competitors at the start of this holiday shortened trading week. Economic data was sparse this morning, but investors can look forward to the release of the existing home sales report tomorrow morning, as well as the release of the FOMC...
Eurozone private sector activity gained momentum in February, amid strong job creation, robust order books and business optimism, leading to the fastest expansion in nearly six years.
The Bank of England will not hesitate to change policy if deemed appropriate, Governor Mark Carney said at a parliamentary committee hearing on Tuesday. The BoE Chief defended the bank's estimate on unemployment when Andrew Tyrie, the chairman of Parliament's Treasury Committee, questioned the bank's estimate of spare capacity.
Flash Purchasing managers' survey from euro area and public sector finance data from the U.K. are due on Tuesday, headlining a light day for the European economic news.
Singapore Finance Minister Heng Swee Keat announced a smaller budget surplus for the financial year ending March 31, 2018 in the annual budget on Monday. The budget position is prudent as expenditure is forecast to continue rising in the long term, he told lawmakers. A budget surplus of S$1.9 billion, or 0.4 percent of GDP, is expected in the fiscal 2017.
Thailand's economic growth eased to a one-year low, as expected, in the fourth quarter of 2016, reflecting weak private consumption, figures from the National Economic and Social Development Board revealed Monday. Gross domestic product climbed 3 percent year-on-year, slower than the 3.2 percent expansion seen in the third quarter. This was the slowest growth since the fourth quarter of 2015, wh
Japan posted a merchandise trade deficit of 1,086.9 billion yen in January, the Ministry of Finance said on Monday - ballooning the deficit an annual 67.8 percent.
The headline figure missed forecasts for a shortfall of 625.9 billion yen following the 640.4 billion yen deficit in December.
Producer price outputs in New Zealand advanced 1.5 percent on quarter in the fourth quarter of 2016, Statistics New Zealand said on Monday - after the 1.0 percent increase in the third quarter.
Producer output prices were mainly influenced by higher prices received by dairy product manufacturers (up...
The dollar is up against its major European rivals Friday afternoon, but is down against the Japanese Yen. Some weak European economic data has contributed to the dollar's strength Friday. However, trading activity is relatively subdued heading into the long President's Day holiday weekend.
Pointing to a positive economic outlook in the first half of the year, the Conference Board released a report on Friday showing a bigger than expected increase by its index of leading U.S. economic indicators in the month of January.
UK retail sales declined unexpectedly at the start of the year as consumers curbed their spending in response to rising inflation. Retail sales including automotive fuel dropped 0.3 percent month-on-month in January, following a 2.1 percent fall in December, data from the Office for National Statistics showed Friday.
Retail sales data from the U.K. is due on Friday, headlining a light day for the European economic news.